Jul 1
Private bond market opens new funding channel for AI projects
➤ Tech companies are increasingly funding AI infrastructure, particularly data centers, through private bond placements directly with insurers and asset managers, bypassing public markets. ➤ These private deals offer customized terms, longer maturities, and potentially higher yields, appealing to institutional investors like life insurers who need long-duration assets. ➤ While this shift creates a two-speed dynamic, locking out retail investors, early experiments in tokenizing these private credit assets via platforms like Centrifuge could eventually increase access for crypto-native investors.